LA County Chief Executive Office

Secure funding for affordable housing in parallel with funding for river projects.

With the understanding that housing affordability is a priority concern throughout LA County, it is imperative that, in conjunction with the results of a housing impact assessment, any projected adverse effects on housing affordability caused by a planned river project be…

Identify funding necessary to create an affordable housing land bank, land acquisition loan fund, or similar strategy to purchase land in proximity to the river and hold it for future development as affordable housing or permanent supportive housing.

The primary obstacle to building new affordable housing and permanent supportive housing is the lack of available land on which to build it. LA County is largely built out, with few vacant properties and relatively high property values. A land…

Increase units of affordable housing within one mile of the river.

The most effective way to mitigate adverse effects on housing affordability is to increase the supply of affordable housing or preserve existing affordable housing. Investing in more housing units with restricted rents near the river can help ensure that river adjacent…

Develop mapping and assessment planning tools to identify areas at risk for displacement around the LA River in order to prioritize affordable housing projects.

Understanding where along the river new projects might impact housing affordability starts with understanding what areas are at the greatest risk of displacement. Using mapping and assessment planning tools to identify these areas, proactive steps can be taken in proportion…

Utilize the County’s Affordable Housing Coordinating Committee to review and advise on housing and community stabilization strategies along the river.

Ensuring that river improvements strengthen communities without contributing to housing affordability challenges requires a complex balancing act and the best strategies are likely to change. Ongoing input from impacted communities will help guide the evolution of this strategy over time.

Secure funding for affordable housing in parallel with funding for river projects.

Identify funding necessary to create an affordable housing land bank, land acquisition loan fund, or similar strategy to purchase land in proximity to the river and hold it for future development as affordable housing or permanent supportive housing.

Increase units of affordable housing within one mile of the river.

Develop mapping and assessment planning tools to identify areas at risk for displacement around the LA River in order to prioritize affordable housing projects.

Utilize the County’s Affordable Housing Coordinating Committee to review and advise on housing and community stabilization strategies along the river.

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